Lakers re-sign Nick Young

The Los Angeles native averaged a career-high 17.9 points last season, his first with the Lakers.

"When Nick became a free agent in June, I expressed hope that we would be able to bring him back on a contract that was in the best interest of both the Lakers and himself, and I am proud to say we were able to do so," Lakers general manager Mitch Kupchak said. "Nick was a bright spot for us last season, and we are happy to retain such a skilled player who is committed to being a part of what we are building as a franchise."

Young, 29, has averaged 12.2 points in 480 career games with the Wizards, Clippers, Sixers and Lakers.

The Lakers also announced Monday that the team has re-signed forward Ryan Kelly, who started 25 games for the club as a rookie last season.

Kelly played in 59 games overall with Los Angeles in 2013-14, with the Duke product averaging 8.0 points, 3.7 rebounds and 1.6 assists.

"Ryan did everything we asked of him as a rookie and showed great promise and potential," said Kupchak. "After rehabbing an injury last summer, he will have the benefit of a full offseason regimen and training camp for the first time in his NBA career, and we anticipate further development as a result."